January 30, 2019. Monroe Capital Baby Bonds MRCCL hit a low $23.41 back in December. Of course this would have been the best time to buy, IF you had the guts when the markets were looking terrible. Even at that, MRCCL is still on sale, now listing at $24.56 paying just under 6%. Matures Oct 2023.
Monroe Capital is a well run business development company that has loans to 71 companies.
FUND DESCRIPTION: Monroe Capital Corporation is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company and as a regulated investment company (RIC) for tax purposes. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. INVESTMENT OBJECTIVE: Monroe Capital Corp. seeks to maximize the total return to stockholders in the form of current income and capital appreciation. STRATEGY: The Company, to reach its investment objectives, will invest in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments. Unitranche debt is an instrument that combines both senior and junior secured debt into one facility. Unitranche debt is often used to finance leveraged buyouts.
Tvery year during January, we watch the local weather TV folks dance a jig when they see extremely low temperatures. They get so excited reporting 50 degree BELOW zero “wind chill” temps. We’re all gonna die!!!! BUT……….we manage to live thru it!!. (right now it is 24 below)
SCARY. The average balance in a 401K plan is $28,000.
We have learned from experience that you MUST have a small amount deducted from your paycheck. You will never contribute on your own.
Pelosi LOVES her FREE GOVERNMENT PAID PLANE rides.!
Judicial Watch previously uncovered that Pelosi’s military travel cost the United States Air Force was $2,100,744.59 over one two-year period — $101,429.14 of which was for in-flight expenses, including food and alcohol.